Saab’s deputy CEO Lena Olving leaves for new job

Press release

20 March 2013

Defence and security company Saab’s deputy CEO and Chief Operating Officer Lena Olving leaves her position to take up a new job as President and CEO of listed technology company Micronic Mydata AB. Lena Olving leaves Saab at the end of the second quarter in 2013.

Lena Olving began her career at Saab in 2008 as Executive Vice President of business area Systems & Products and, since January 1 2010, has held the role of deputy CEO and Chief Operating Officer. In that role she has, among other things, been responsible for developing and making Saab’s business and operations more efficient, both in Sweden and abroad. Lena Olving has also been a driving force in improving Saab’s work with gender equality.

”I’m very happy forLena. She has had a central position at Saab and has been a strong force in taking the company into a new era. I’m grateful for her clear focus on results, her efforts in driving the company forward and I wish her the best of luck in her coming role,” says Saab President and CEO Håkan Buskhe.

“It has been five incredibly exciting years at Saab. The defence sector has been through big changes as we at the same time have managed to win several big orders around the world. We have launched several important change processes that have contributed to making Saab more efficient, which has contributed to an even more competitive company on the global defence and security market,” says Lena Olving.

Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers’ changing needs.

The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on March 20 at 08.05 CET.

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